Merchant Cash Advance Blog

It is exciting owning a bar or restaurant – the people, the atmosphere, and of course the profit!  In order to create the most appealing atmosphere you’ll want to stay current with the latest trends.  Should I renovate?!  What to update?  Truth is, however long you have owned your business there is always something that could be improved.  With the scene of ‘what is in’ constantly changing, here are 3 ways you can grow your business and increase restaurant revenue.

Many businesses grow in a natural, organic way from a hobby into a business, some into very successful full time businesses. Sometimes you start doing something because it's fun and you enjoy it, then friends and family start asking you to do it for them. Soon, word gets around and you have a nice side income. But turning a hobby into a profitable business takes intentional planning and investment. Here are some steps to take if you want to turn your hobby into a business.

Small businesses are always looking for ways to bring in new customers and show appreciation for their current client base.  One way to accomplish this goal is with a giveaway campaign.  The buzz caused by a big ticket item could bring in potential customers that you never thought to market to.  Smaller, company branded items, can be a great way to spread the word about your business.  These types of promotions can be aligned with company anniversaries, special events in your community and can even be a great way to team up with a local charity.  Determining what to promote can be challenging, here are some of the top giveaway ideas to help increase revenue and expand your customer base. 

When you think business, do you think of suits, briefcases and serious faces? Business does not have to be all serious numbers and marketing strategy. You shouldn’t live to work, but work to live! Some of the best aspects of owning and growing your business come from laughing and enjoying your employees and customers. Letting your fun side show through, especially during tough times, is a key part in motivating employees and pleasing customers. There are several ways to create a fun and engaging work environment.

There are times in the life of your business where you just need some quick cash to keep going. Your cash crunch could be caused by an unexpected slow period that puts you behind on rent and invoices. Maybe it's a piece of equipment that your business needs in order to function. Sometimes it happens when an essential employee suddenly quits and you need to hire expensive temporary help until you can replace the employee.